ABO MASKIN AS: årsregnskap 1999 vs 1998
Grew 16% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ABO MASKIN AS. Revenue 501.8k NOK → 580.5k NOK (+15.7%). Net result +21.7k NOK → +11.1k NOK. Equity 39.6k NOK → 50.7k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABO MASKIN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 501.8k NOK to 580.5k NOK (+15.7% YoY). Calculated
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↑
Operating result improved
Operating result +13.0k NOK → +65.0k NOK (op. margin 2.6% → 11.2%). Calculated
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↑
Equity strengthened
Book equity 39.6k NOK → 50.7k NOK (equity ratio 6.0% → 8.3%). Calculated
What deteriorated
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↓
Net result weakened
Net result +21.7k NOK → +11.1k NOK (net margin 4.3% → 1.9%). Calculated
Things to notice
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·
Payroll increased
Salary cost 211.2k NOK → 231.2k NOK (42% → 40% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2 127 NOK → 29.0k NOK (+1262.6% YoY). Calculated